Bitcoin Forum

During the last bull run and NVIDIA's restrictions on the ETH algorithm I mined some ERGO and generated a little profit.

Nowadays I have an RTX4070 Ti with a 10th generation Core I7, this equipment sits idle for most of the day, I've been thinking about returning to this line of activity and maybe making a little money.

Is it still worth it? What are you mining?

Use a calculator if you can make a profit but if you don't have a very cheap electricity rate or free you won't make any profit or it takes years to reach your ROI.

For now, isn't yet the right time, to let the altcoins skyrocket after the block halving that would be I think the best time to mine and make a profit.

Check this calculator https://whattomine.com/gpus

ROI is irrelevant if the GPU is already bought. Now it's just a matter of if you can earn more mining than your cost for electricity.
Calculators can help with comparisons but aren't reliable.

Is the whattomine calculator relevant at all?
In comparison with some other alternatives, I have been getting completely different results on WTM for a long time. Or maybe it's just me misreading the information presented.

My usual advice
https://hashrate.no/gpus/4070ti
I would avoid picking hot coins with high power consumption and would start with karlsencoin(KLS) because this coin has the lowest power consumption or choose a coin that is not yet on the exchange like pyrin. But these are the risks of the miner.
https://bitcointalk.org/index.php?topic=5475916.0

I made some accounts based on this site and it's really not worth it, I would earn around 1.50 USD a day

It is unfeasible because of the energy costs here.

it's worth maybe putting a little money into some mineable currency and waiting for the profit (if it comes)



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Thank you to everyone who left their messages helping me in some way. But I'll wait a little longer, nowadays it's not worth it.

I think it’s worth it. I even have a couple 1080ti GPUs running right now. They aren’t going to make me rich or anything, but they’re currently not only profitable for me, but they’re helping to warm my house. Them along with a few other (newer) graphics cards are keeping my home heater turned off while dropping some coins to my wallet.

Maybe with rigs with several video cards it could still be worth it, I only have one card and here in Brazil the energy value is high and we are in the hot season, an average day is 95 °F. Add the value mined plus an air conditioner = no profit.

There is no need for an air conditioner for your video card if you do not mine coins with high power consumption. You can remove the side panel from the case to better cool the video card and mine karlsencoin (KLS) if the profit suits you.